http://www.etftradingsignals.com Apple and Google are vying for smartphone supremacy in the U.S. In August, the iPhone and smartphones running on Googles Android operating system combined for U.S. smartphone market share of over 84%, according to Forbes . In China, the two operating systems combine for 93% market share. In Japan, the number is 96%. On the fundamental side, XLK offers some utility as an income play that can offer some safety in rising interest rate environments.
WisdomTree Launches Emerging-Markets Consumer Growth ETF
stock futures are lower amid concern over a looming deadline to avoid a federal government shutdown. Lawmakers have until midnight to reach an agreement over a new budget and will resume talks at 2 p.m. ET. The shutdown may cut Q4 economic growth by as much as 1.4 percentage points depending on its duration, Bloomberg said, citing economists at Moody’s Analytics Inc. Winners and Losers Financial – Select Financial Sector SPDRs ( XLF ) is down 0.95%.
ETF Investors: Expect More Volatility In October
dollar-denominated short-term fixed-income securities with an average duration of one year or less. At least 80 percent of the fund will be comprised of investment-grade assets, which include U.S. debt and corporate debt. “We see this one-year duration being a nice in-between” to other existing funds, Tucker said. “It’s a part of the market where there are actually not a lot of offerings for investors,” he said. “It represents an interesting sweet spot for some investors who want to take on some risk but maybe not as much as even a two- or three-year duration fund might offer.” BlackRock currently has $55 billion in its active short-duration business, which includes a range of private and public funds.
Notable ETF Inflow Detected – PBW, GTAT, YGE, CSIQ
23, T. Rowe Price filed with the SEC for the ability to offer nontransparent, actively managed ETFs. The firm previously received exemptive relief to offer transparent ETFs, though it has yet to launch any products. Daily disclosure requirements make the ETF vehicle unappealing for many active equity managers, who fear investors could front-run their trades. The exemptive relief that T. Rowe is seeking in its latest filing would help get around that.
ETF Preview: Broad Market ETFs Lower As Deadline for Government Shutdown Looms
Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch, supports the “buy the dip” strategy, based on evidence of strong economic growth underway. His year-end target for the S&P 500 is 1750, up about 4% from its September close, and which translates to $175 a share for SPY. “Real estate prices (up across the world bar Europe), purchase mortgage applications (at an eight-week high) and credit availability (lending to small business is up for the first time since 2008) all argue that gross domestic product estimates are more likely to rise than fall, in our view,” Hartnett and his colleagues wrote in a report Sept. 26. Rising U.S. home prices lift consumer confidence and dissipate the threat of recession, they reason.
BlackRock launches short-maturity bond ETF
Among the largest underlying components of PBW, in trading today GT Advanced Technologies Inc. ( NASD: GTAT ) is up about 0.9%, Yingli Green Energy Holding Co., Ltd. ( NYSE: YGE ) is up about 3.1%, and Canadian Solar Inc ( NASD: CSIQ ) is up by about 3%. For a complete list of holdings, visit the PBW Holdings page Click here to find out which 9 other ETFs had notable inflows, at ETFChannel.com The chart below shows the one year price performance of PBW, versus its 200 day moving average: Looking at the chart above, PBWs low point in its 52 week range is $3.46 per share, with $6.33 as the 52 week high point that compares with a last trade of $6.32. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique learn more about the 200 day moving average .